New York passed first cybersecurity legislation for banks and financial institution
On March 1, 2017, the new Cybersecurity Regulation to Protect Consumers and Financial Institutions proposed by Governor Andrew Cuomo took effect . This first-in-the-nation piece of legislation aims at protecting consumer data and financial systems from cyber-attacks of terrorist organizations and other criminal enterprises. The Regulation requires banks, insurance companies, and other financial services institutions […]
Tags: DATA PROTECTION, US PRIVACY